Brazil GDP Annual Growth Rate

The Brazilian economy grew 1.1 percent year-on-year in the fourth quarter of 2018, easing from 1.3 percent in the previous three-month period and missing market expectations of 1.3 percent. Household consumption and exports drove the expansion, while fixed investment rose at softer pace and government spending contracted. GDP Annual Growth Rate in Brazil averaged 2.54 percent from 1991 until 2018, reaching an all time high of 10.10 percent in the first quarter of 1995 and a record low of -5.50 percent in the fourth quarter of 2015.

GDP Annual Growth Rate in Brazil is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Brazil to stand at 2.20 in 12 months time. In the long-term, the Brazil GDP Annual Growth Rate is projected to trend around 2.40 percent in 2020, according to our econometric models.

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Considering 2018 as a whole, the GDP rose 1.1 percent, the same pace as in 2017. Fixed investment rose for the first time in five years (4.1 percent vs -2.5 percent in 2017) and household consumption growth picked up to 1.9 percent from 1.4 percent. Meanwhile, government spending was unchanged (vs -0.9 percent in 2017) and net external demand contributed negatively to the GDP as imports jumped 8.5 percent (vs 5 percent in 2017) and exports increased at a slower 4.1 percent (vs 5.2 percent in 2017).

Brazil GDP Annual Growth Rate Below Expectations at 1.3%
The Brazilian economy advanced 1.3 percent year-on-year in the third quarter of 2018 after a downwardly revised 0.9 percent growth in the previous period but below forecasts of 1.6 percent. Still, it is the highest growth rate so far this year.Published on 2018-11-30

Brazil Annual GDP Growth Weakest in 1 Year at 1.0%
The Brazilian gross domestic product advanced by 1.0 percent year-on-year in the second quarter of 2018, easing from a 1.2 percent rise in the previous three-month period and missing market expectations of a 1.1 percent increase. It was the slowest expansion since the second quarter of 2017. Household spending slowed and exports fell due to the truckers' strike that paralyzed key sectors of the economy.Published on 2018-08-31

Brazilian Economy Grows the Least in Near a Year
The Brazilian gross domestic product advanced by 1.2 percent year-on-year in the first quarter of 2018, compared to a 2.1 percent rise in the previous three-month period and market consensus of a 1.3 percent growth. It was the slowest expansion since the second quarter of 2017, as fixed investment and exports grew less and government spending contracted further.Published on 2018-05-30

Brazil Economy Grows 2.1% in Q4
The Brazilian economy grew by 2.1 percent year-on-year in the fourth quarter of 2017 following an expansion of 1.4 percent in the previous three-month period, but missing market expectations of 2.5 percent.Published on 2018-03-01

Brazil GDP Annual Growth Rate

Brazil is the tenth largest economy in the world and the biggest in Latin America. The services sector is the most important and accounts for 63 percent to total GDP. The biggest segments within services are: government, defense, education and health (15 percent of total GDP); other services (15 percent); wholesale and retail trade (11 percent); real estate (8 percent); and financial services (7 percent). Also, industry contributes to 18 percent of GDP, with manufacturing (11 percent) and construction (4 percent) accounting for the largest share. The agriculture and livestock sector accounts 5 percent of GDP. On the expenditure side, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by government expenditure (20 percent) and gross fixed capital formation (16 percent). Exports of goods and services account for 13 percent of GDP while imports account for 12 percent, adding 1 percent of total GDP. This page provides - Brazil GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.